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Yemen's Iran-aligned Houthi group on Saturday attacked two plants at the heart of Saudi Arabia's oil industry, including the world's biggest petroleum processing facility, in a strike that three sources said had disrupted output and exports.

Contango Oil & Gas Co (MCF): * CONTANGO ANNOUNCES PRICING OF $50 MILLION COMMON STOCK OFFERING AND CONCURRENT PRIVATE PLACEMENT. * Contango Oil & Gas Co (MCF) - PRICED A PUBLIC OFFERING OF ABOUT 44.7 MILLION SHARES OF FOR TOTAL GROSS PROCEEDS OF $42.5 MILLION Source text for Eikon: Further company coverage:

An oversupply of natural gas in the United States will drive average prices in real terms at the Henry Hub benchmark to a level not seen since the 1970s, according to a report from IHS Markit on Thursday. That oversupply will come from new pipelines that will allow a surge of new gas output associated with oil production in the Permian basin in West Texas and eastern New Mexico.

Commodity trader Trafigura's exports of U.S. crude now account for over a quarter of the country's total since the new Cactus II pipeline started last month, the company's co-head of oil said, making the firm the single biggest exporter. "We touch in excess of 1.5 million barrels per day of physical U.S. crude, out of that we export around 500,000 bpd.

The head of Russia's Rosnedra subsoil agency said on Tuesday that the development of the Pobeda offshore Arctic oilfield in the Kara Sea is feasible only at oil prices of $130 to $140 per barrel, Interfax news agency reported.

Commodity trader Trafigura's exports of U.S. crude now account for over a quarter of the country's total since the new Cactus II pipeline started last month, the company's co-head of oil said, making the firm the single biggest exporter. "We touch in excess of 1.5 million barrels per day of physical U.S. crude, out of that we export around 500,000 bpd.

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